(Total Views: 362)
Posted On: 11/24/2018 11:20:20 AM
Post# of 32972
CUIN2:
Your suggestion "introducing the company to potential clients or other investors" is correct. I suggested to Rory via email that if this is done the
OTC price could go to around $4.00. This would allow for up-listing to NASDAQ. I then suggested that he do a 40 to 1 reverse split, post NASDAQ, that would put our price at $160 per share. This would allow almost all institutional investors to invest in FUSZ since nationally listed stocks below $5.00 are considered "penny" stocks and their bylaws forbid them from making an investment in these "penny" stocks.
I feel that if the stock price goes above $500, he should do a 5 to 1 forward split to keep the price around $100.
Use a financial adviser to buy only mutual funds.
Your suggestion "introducing the company to potential clients or other investors" is correct. I suggested to Rory via email that if this is done the
OTC price could go to around $4.00. This would allow for up-listing to NASDAQ. I then suggested that he do a 40 to 1 reverse split, post NASDAQ, that would put our price at $160 per share. This would allow almost all institutional investors to invest in FUSZ since nationally listed stocks below $5.00 are considered "penny" stocks and their bylaws forbid them from making an investment in these "penny" stocks.
I feel that if the stock price goes above $500, he should do a 5 to 1 forward split to keep the price around $100.
Use a financial adviser to buy only mutual funds.
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